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S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : White noise profit

Date January 25, 2011  Edited: January 25, 2011    Comments Comments (5)    Rate this post Recommend This Post (81)   
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Check out some low volume stocks for $30 to $50 daily range

HELE - Daily Range $27.61 - $28.50 Zaks strong buy rank1
NTRI
PLCE
CBOE
BBY
Just be aware of earning date and do not mess with earning day

Please do your home work
Tags : CBOE   PLCE   NTRI   HELE   BBY  

5 Comment(s):

Author rjm77me     Date January 25, 2011 12:24 Abuse this post Report Abuse
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Or one can look high beta stocks like SHLD and VISA
Author rjm77me     Date January 25, 2011 15:54 Abuse this post Report Abuse
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Buy BAC - oversold bought in personal account at 13.44 and options for April 11 call
Author rjm77me     Date January 26, 2011 12:43  Edited: January 26, 2011 by rjm77me Abuse this post Report Abuse
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What is white noise,
I consider white noise stock as the one which have a base formation with slightly upward bias.
Stop loss has to be set at 50% of desired gain.
Hele is showing positive price action today
adding NKE to buy list
Author rjm77me     Date January 28, 2011 10:58 Abuse this post Report Abuse
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Trade of the day
Sold BAC this morning - will be buyer on pull back
Market is showing weakness - closing most of long positions
Author rjm77me     Date February 1, 2011 23:45 Abuse this post Report Abuse
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Most of traders know at least 5 white noise and 80% of time fail to make money on these stocks.
Number 1 failure is every one is looking for 5 bagger or 10 bagger.
Every life is not a 10 bagger. it is one day at a time.
Same way one can build an empire by adding $20, $50 or $100 per day
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